After 36 years of undefeated dominance, Team USA lost its first Olympic Basketball game at the 1972 Munich gold medal game to the USSR. The last minute of the contest was and remains one of the most controversial finishes in Olympic history.
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That was in the gold medal game of the 1972 Games in Munich when the USSR defeated the US, 51-50. The United States had won 63 consecutive Olympic basketball games up to that point.
The most controversial ending in any Olympic sport was the gold medal loss by the USA men's team to the Soviet Union in 1972. They had been undefeated since the sport was introduced in 1936